Sara Lee Corp., which is focusing on its core food and beverage business, is examining a sale of its European household and personal-care business, the Wall Street Journal said, citing people familiar with the matter. The company has hired Goldman Sachs to sound out possible bidders for the business, which could fetch more than $2 billion, according to sources. But one observer isn’t sure. “I don’t think Goldmans will get lucky on this one, or the activist hedge fund appa...